News

December 11th, 2014

A premature rate increase by the Bank of England could post a significant risk to the British economy, the British Chambers of Commerce has suggested.

This comes in direct contrast to the Bank of England’s predict... Read More

December 10th, 2014

The Bank of England confirmed yesterday in their regular Mortgage Lenders Statistical Release document that fixed interest rate options were vastly preferred by borrowers during the third quarter of the year. The figur... Read More

December 9th, 2014

The Bank of England has this week released their Quarterly Bulletin, dramatically changing their public stance on interest rates.

According to the Bank, if interest rates rose by 2 percentage points from its cur... Read More

December 4th, 2014

The chancellor, George Osborne, addressed the commons yesterday to outline the Conservative Government's Autumn Statement. The chancellor revealed the state of the UK’s financial security, and set out proposals f... Read More

December 4th, 2014

The Bank of England have held the base rate this lunchtime, with interest rates largely becoming a side-story for most people today. The Chancellor George Osborne announced his pre-election Autumn Statement yesterday.

December 2nd, 2014

Prime Minister David Cameron says that the much heralded ‘Help to Buy’ scheme is a success, as he revealed that over 70,000 people have now benefitted from it.

Government figures released this week s... Read More

November 27th, 2014

Both Barclays and the Lloyds Banking Group have made significant announcements this week of revisions in their mortgage ranges, increasing competition amid the year end ‘mortgage war’.

Both lenders made ... Read More

November 25th, 2014

For any borrower who has raised the question of whether borrowing on an interest only basis was possible over the past 4-5 years, the much heard response that this is no longer an option will sound like old news. Just afte... Read More

November 20th, 2014

The expectation of a base rate rise has gradually become a matter of when, rather than if, in recent times. On the first Thursday of every month the Monetary Policy Committee meet to discuss the matter and it is with baite... Read More

November 19th, 2014

Mortgage lenders are coming under increased pressure from the Financial Conduct Authority and the financial ombudsman to consider applications to port mortgages more fairly.

Since April’s FCA conducted Mortgag... Read More